By: Benzinga
UPDATE: Oppenheimer Reiterates Outperform Rating, Raises PT on PrivateBancorp on Raised EPS
In a report published Friday, Oppenheimer reiterated its Outperform rating on PrivateBancorp (NASDAQ: PVTB ), and raised its price target from $18.00 to $21.00. Oppenheimer noted, “At the same time management of PrivateBancorp was wrestling with losses from a real estate-heavy loan portfolio, the company successfully reduced its dependence on
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